FDE continues its expansion in Norway with the acquisition of Alltec AS

French Energy Company (FDE) announces the full acquisition of Alltec AS, a Norwegian company specializing in renewable energy solutions, for €9 million. With this acquisition, FDE strengthens its presence in the growing Norwegian low-carbon energy market.

Alltec, with 50 employees, is recognized for its expertise in biogas, hydrogen, and ammonia. This transaction complements recent investments, including the acquisition of Greenstat and the expansion of Biogy Solutions. Together, these entities contribute significantly to FDE's 2030 financial objectives.

The acquisition of Alltec, already profitable, is expected to immediately enhance FDE's results, with operational synergies and long-term growth opportunities. Both companies share a common approach focused on innovation and positive impact.